Tata Power Q3: Net Profit Up 10.3% Y-o-Y to Rs 11.87 Billion

06 Feb 2025 CW Team

Tata Power, one of India’s leading integrated power companies, reported a 10.35 per cent increase in consolidated net profit for the December quarter, reaching Rs 11.87 billion, up from Rs 10.76 billion in the same period last year. The company’s net profit also showed a sequential growth of 8.6 per cent, improving from Rs 10.93 billion in the previous quarter.

Revenue from operations for the quarter was Rs 153.91 billion, reflecting a 5 per cent year-on-year increase compared to Rs 146.51 billion in the same quarter of the previous year. The company’s consolidated EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for the quarter rose by 7 per cent to Rs 34.81 billion, driven by strong contributions and operational efficiencies across its various business segments.

For the nine-month period ending December 31, 2024, Tata Power reported a revenue of Rs 471.74 billion and a profit after tax (PAT) of Rs 39.09 billion. The EBITDA during this period reached an all-time high of Rs 106.39 billion.

As of the end of December 2024, Tata Power’s operational capacity in the clean and green energy segment stood at 6.7 GW, producing over 11,700 million units (MUs) of green power. The company is also executing projects totalling an additional 10 GW, which will increase its total clean energy capacity to 16.7 GW once completed.

News source: Livemint

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..